Hi radecvalentine,Extraxt from HGO last presentation.HGOs...

Hi radecvalentine,
Extraxt from HGO last presentation.

HGOs flagship project is the Kanmantoo Copper
Mine project (100% owned) 55km from Adelaide
Under construction now
First copper/gold production scheduled Nov 2011
Close to road, rail and port infrastructure
Configured as a 2.4Mtpa open cut mine
ramping-up to 2.7Mtpa through potential
operational efficiencies
Further potential to increase to 3.5Mtpa
Resources of 32.2Mt @ 0.9% Cu, 0.2 g/t Au
Current resource mine life of 10 years with
potential to extend

Few other things to notice:

They have just raised capital at 0.26c.
Two new Substantial holders including WBC.
They will start producing in November 2011.
They also have Gold leases.

Please DYOR as I normally buy a share for 50% proofit and review my holdings than.


Cheers